Bryon Matthew Lewis - Mar 7, 2024 Form 3 Insider Report for CITIZENS, INC. (CIA)

Role
VP, Operations
Signature
/s/Bryon Matthew Lewis
Stock symbol
CIA
Transactions as of
Mar 7, 2024
Transactions value $
$0
Form type
3
Date filed
3/18/2024, 04:49 PM
Next filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CIA Citizens, Inc. Class A Common Stock 2.41K Mar 7, 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CIA Citizens, Inc. Class A Common Stock Mar 7, 2024 Class A Common Stock 1.03K Direct F1, F2
holding CIA Citizens, Inc. Class A Common Stock Mar 7, 2024 Class A Common Stock 2.56K Direct F1, F3
holding CIA Citizens, Inc. Class A Common Stock Mar 7, 2024 Class A Common Stock 7.88K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Citizens, Inc. Class A common stock.
F2 Initial grant was issued November 1, 2021 and remaining number of shares will vest on November 1, 2024.
F3 Initial grant was issued July 15, 2022 and remaining number of shares will vest 1/2 on July 15, 2024 and 1/2 on July 15, 2025.
F4 Vesting is 1/3 on the first anniversary of the date of the grant (Augst 15, 2024), 1/3 on the second anniversary of the grant (August 15, 2025) and 1/3 on the third anniversary of the grant (August 15, 2026).

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney